Lender PIK Notes Backstop Premium definition

Lender PIK Notes Backstop Premium means $1.214 million of the New Secured Notes reserved for the Backstop Premium.

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Examples of Lender PIK Notes Backstop Premium in a sentence

The Lender Backstop Parties that were signatories to the Backstop Agreement shall receive the Lender PIK Notes Backstop Premium on the Effective Date.

Definition: Lender PIK Notes Backstop Premium

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